“Bits and Pieces” in Dinarland Sunday 4-6-2025

KTFA:

Clare:  Iraq faces economic pressures... US tariffs could be the beginning of upcoming challenges.

4/6/2025

 Economic expert Salah Nouri confirmed on Saturday that the government may be forced to revise its general budget estimates in light of emerging economic challenges, particularly with shifts in oil revenues and remittances from the US.

 Nouri told Al Furat News Agency that "Iraq will not be directly affected by the new US customs duties on oil exports, as Iraqi oil exports to the United States are not included in these duties."

He explained that "although Iraq imposes customs duties on luxury cars imported from the United States, Baghdad may face future pressure to reduce these duties." 

He added, "It is likely that Washington will take certain measures to pressure Iraq in this regard, but these scenarios remain mere expectations at the present time." 

From.. Raghad    LINK

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Clare:  The Iraqi Oil Ministry completes the project to connect 28,000 tankers to the GPRS system.

4/6/2025

The Oil Products Distribution Company, a subsidiary of the Iraqi Ministry of Oil, announced on Sunday the completion of a project to connect tankers to the GPRS (tank tracking system), after including more than 28,000 government and private tankers in the project.

The company's general manager, Hussein Talib Abboud, said in a statement received by Shafaq News Agency that the project was completed with continuous follow-up from Deputy Prime Minister for Energy Affairs and Minister of Oil Hayan Abdul-Ghani, noting that it represents part of a larger project to automate the distribution sector across the country. He explained that the system contributes to electronic and security monitoring of the movement of petroleum products, and significantly reduces smuggling and trafficking operations.

Aboud added that the system is linked to a unified data center that monitors tanker traffic around the clock. This data can be accessed when needed to track the vehicle's route and stops. He noted that the project was implemented in cooperation with the Ministry of Communications/Al Salam General Company.

For his part, the Director of the Inspection Authority, Alaa Adnan, explained that the Authority is continuing to adopt modern technology and applications in its inspection work, noting that the company has begun to reap the benefits of the GPRS system in reducing smuggling and tampering, and ensuring that petroleum products reach their intended beneficiaries.   LINK

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Courtesy of Dinar Guru:  https://www.dinarguru.com/

Frank26  The President of the United States of America just put tariffs on Iraq...Did you expect that?  We got their currency in our reserves.  Seems to me Donald Trump is holding some dinars himself too.  Why wouldn't he?  I find it interesting that Donald Trump puts tariffs on Iraq...I think it was 39%.  But you know what?  He didn't put it on their energy.  Brilliant.   Because the energy is the foundation of the new exchange rate.  The oil...Iraq has tariffs on us...78%...Trump wants a fair deal with every country...President Trump wants Iraq to remove [the 78%], then Trump will remove the 39% he just put on Iraq.  It will help Iraq come out with a new exchange rate.

MarkZ   [via PDK]   I do have some Wealth management/redemption contacts working tomorrow. I know a couple will be landing in a redemption area on Tuesday and they hope it’s to work and start 4b exchanges. They are trained to help with tier 4b...There is a lot of hopeful movement out there. Let’s see if they actually get to do something. There is a also a very large US delegation will soon be arriving in Iraq. Roughly around Tuesday... In the banks – they are starting to see rates populate again...rates would fluctuate between $4.05 to $5 on the dinar. Don’t know if that is the real value or a placeholder…but many think that is where the dinar value should be.

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Bank Stocks Collapsing; Panic Is Imminent | Michael Oliver

Liberty and Finance:  4-5-2025

Michael Oliver shares his views on the financial markets. He discusses the deflation of the stock market bubble and highlights the growing turmoil within the banking sector.

Michael predicts that the Federal Reserve will soon need to implement more monetary easing to stabilize the economy.

Despite recent pullbacks in precious metals, he remains bullish on gold and silver, particularly silver, which he believes is poised for a strong surge.

 His insights suggest that precious metals could be a key area of opportunity as the Fed takes action in the coming months.

INTERVIEW TIMELINE

0:00 Intro

1:30 Stock market sell-off

6:38 Gold & stock market connection

 12:24 Gold vs. silver

16:00 Banking sector

18:54 LMBA gold outflow

21:10 Miners

 23:20 Shift into gold

24:55 Momentum Structural Analysis

https://www.youtube.com/watch?v=B4Gq8HVXn1s

Seeds of Wisdom RV and Economic Updates Sunday Morning 4-6-25

Good morning Dinar Recaps,

HOUSE ADVANCES STABLECOIN TRANSPARENCY AND ACCOUNTABILITY

The House Financial Services Committee voted on Wednesday to advance the Stablecoin Transparency and Accountability for a Better Ledger Economy Act, also known as the STABLE Act. The legislation received overwhelming support, with a vote tally of 32 in favor and 17 opposed.

The STABLE Act aims to establish a regulatory framework for dollar-denominated stablecoins, addressing key issues such as reserve requirements and Anti-Money Laundering standards.

@ Newshounds News™
Source:  Finance Yahoo

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RIPPLE TO PILOT RLUSD FOR DROUGHT RELIEF IN KENYA

Ripple has launched a pilot project that will see its stablecoin, Ripple USD, used for drought relief in Kenya.

The announcement comes just days after Ripple integrated the Ripple USD stablecoin in its payments solution.

Ripple is partnering with Mercy Corps Ventures and DIVA Donate, a platform that leverages decentralized finance technology to facilitate donations to pastoralists affected by drought in Kenya, for the initiative.

The partners will leverage blockchain technology to bring financial aid via RLUSD to the targeted communities, Team Ripple noted.

As outlined in a blog post, the pilot is part of Ripple’s broader efforts to expand its impact in cross-border payments, an effort expected to accelerate with the rollout of RLUSD. As with other blockchain-based projects, the use of stablecoins is aimed at improving transparency, settlement speed, and access for the unbanked.

According to Ripple, the pilot program will demonstrate how blockchain and stablecoins can improve the delivery of aid and insurance. The trial will use RLUSD on the Ethereum network.

The RLUSD pool for the program will be open to public contributions, with anyone able to donate by connecting a wallet.

Smart contracts will hold the funds in escrow, and automatically send RLUSD to those impacted by drought. However, this will only go into action once satellite tracking detects drought triggers- with the pilot targeting automated payouts should the system detect drought conditions by May 31, 2025.

If the system determines that pastoralists are likely to face a shortage of vegetation for their livestock, each participant will receive $75 (around 9,600 Kenyan shillings) in RLUSD. Organizers say this amount is sufficient to purchase food and water for one animal for six months.

Roughly 533 pastoralists in Kenya’s Laikipia County are expected to benefit from the aid.

Ripple plans to publish the results of the pilot later this summer. Fund contributors will also have the option to withdraw their RLUSD or allocate it to future campaigns.

@ Newshounds News™
Source:  Crypto News

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Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

Q & A Classroom Link  

Follow the Roadmap

Follow the Timeline 

Seeds of Wisdom Team™ Website

Thank you Dinar Recaps

News, Rumors and Opinions Sunday AM 4-6-2025

Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

RV Excerpts from the Restored Republic via a GCR: Update as of Sun. 6 April 2025

Compiled Sun. 6 April 2025 12:01 am EST by Judy Byington

Global Currency Reset:

Thurs. 3 April 2025: EBS Activation  (allegedly) complete. Worldwide Black Swan. …Steve Bannon on Telegram.

Tues. 25 March 2025 Mr. Pool: Reports from Reno suggest that the first batches of ZIM holders have been escorted under military guard to classified exchange points. https://t.me/Official_MrPool

On Tues. 25 March at 2am EST Tier 3 and T4a Paymasters were (allegedly) made LIQUID. …Mel on BOOM Call https://youtu.be/VSmR4LfsfYs

Thurs. 27 March 2025 Bruce: Bond Holder Paymasters were saying Bond Holders would have access to their accounts last weekend. As of ten am Thurs. 27 March 12% of Bond Holders had gone through. Multiple sources said Tier4b (Us, The Internet Group) would likely get notification to set appointments very soon. The full revaluation will happen after Tues. 1 April 2025. The month of April will see an increase in Social Security payments. On Thurs. 27 March the 800 number was being loaded into the various systems.

Sat. 5 April 2025 MarkZ: I have some Wealth management/redemption contacts working tomorrow Sun. 6 April. I know a couple will be landing in a redemption area on Tuesday 8 April and they hope it’s to work and start 4b exchanges. They are trained to help with tier 4b. I do have some bond folks that have received some dollars. Not nearly enough have gone yet to release things to us. Not nearly enough large groups and large numbers of people have been completed yet. But money is moving …people have real dollars…..so to me it’s clear things are underway.

Fri. 4 April 2025: Urgent News Bulletin: Operation Freedom Earth: The QFS Satellite System and the GCR Revolution Are Paving the Way for a Permanent GESARA Golden Age – Trust the Plan! – amg-news.com – American Media Group

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Sat. 5 April 2025 Operation Freedom Earth: The QFS Satellite System & GCR Revolution Are Here — GESARA Golden Age Incoming! …QFS on Telegram

The Quantum Financial System (QFS) is no longer theory. It’s real, active, and quietly replacing the corrupt global banking model built by the Deepstate. While the masses sleep, the QFS is already running in parallel, capturing illigal transfers, arresting banksters in real time, and preparing the world for a full Global Currency Reset (GCR).

This new financial grid operates on quantum satellite architecture, protected by advanced Secret Space Program tech, and monitored in real time. Every transaction is logged, tracked, and secured by a living AI consciousness — one that cannot be corrupted or hacked.

The SWIFT system is obsolete. Blockchain? Redundant. QFS transactions require gold- or asset-backed currencies, each with a digital certificate tied to a real physical asset, stored in secure vaults. That means no fiat, no manipulation, no speculative games.

Politicians who thought their transfers through SWIFT were untouchable are now discovering QFS has been watching everything. Their digital fingerprints are burned into every wire. That’s why they’re scrambling. That’s why they’re desperate.

The GESARA framework will require every participating country to go compliant — total transparency, asset-backed money, debt forgiveness, and an end to income tax slavery.

No more central banks. No more digital illusions. Only value-backed currency with secured, quantum-clear transfers.

This isn’t about crypto hype or fiat collapse. This is about the total death of the Cabal financial system and the rise of sovereign wealth, protected by quantum law.

QFS is alive. GESARA is coming. The system is already online. And soon, the world will wake up…to a new Golden Age.  

Read full post here:  https://dinarchronicles.com/2025/04/06/restored-republic-via-a-gcr-update-as-of-april-6-2025/

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Courtesy of Dinar Guru:  https://www.dinarguru.com/

Militia Man  We might not see it today but we will find out specifically that the process to complete this should have been done, could have been done, 6 to 8 years ago.  That was the plan but they didn't do it.  We know that because they printed currency back then whether they used it or not.  They might just burn the money just like they did a lot of money.  Or they turned it into pellets.  I know it's going to be a medium of exchange.  I know it's going to be a digital world and they want to go cashless.  But all countries have a form of [physical] exchange so they're probably still going to use some of those new small category notes that we've talked about in the past.  But probably not at the level that we thought before.  

Frank26 [Iraq boots-on-the-ground report] FIREFLY: Maliki's media is going crazy.  They're at it again.  They're putting in the newspapers that the budget is in doubt.  They're saying the oil is at risk. All this gloom and doom for Iraq over the budget.  They're trying their best to misinform the Iraqi  citizens.  FRANK:  They just won't stop.  Once you steal for a living it is difficult to stop.  It's like a person that smokes a cigarette, it's difficult to stop.  Why?  Because they love it so much.  

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Stock Market Crashing, Layoffs Surged, and Warning of Depression

Epic Economist:  4-5-2025

The U.S. economy is facing a precarious moment, a situation many are describing as nothing short of “carnage.” Even before the recent unveiling of new tariffs, the economic landscape was showing worrying cracks: layoff announcements were increasing, and stock prices were exhibiting a concerning downward trend.

 Now, it appears as though a significant accelerant has been thrown onto the flames.

The introduction of these tariffs has sent tremors of panic through Wall Street. Thursday witnessed a dramatic plunge in the Dow Jones Industrial Average, dropping a staggering 1,679 points.

 This marks the most significant single-day decline since the turbulent early days of the CoviD-19 pandemic in 2020. The S&P 500 and the Nasdaq mirrored this performance, both experiencing their most substantial drops since the same period.

The damage isn’t limited to the major indexes. The small-cap Russell 2000 index has now plummeted more than 20% from its peak. This grim milestone officially pushes it into bear market territory, a stark signal of investor pessimism and a potential indicator of further economic decline.

The pervasive sentiment is one of profound concern. The combination of pre-existing economic vulnerabilities coupled with the shock of newly introduced tariffs has created a volatile and unsettling environment.

 Whether this is a temporary correction or the beginning of a more prolonged downturn remains to be seen. However, the current situation is undoubtedly alarming, leaving many to wonder what further challenges lie ahead for the U.S. economy. The financial world is watching closely, hoping for a swift and effective response to quell the growing sense of economic unease.

https://youtu.be/r6u5TzFG_jc

“Tidbits From TNT” Sunday Morning 4-6-2025

TNT:

Tishwash:  Iraq awaits a trade delegation from the United States. These issues will be raised at the meeting.

Iraq awaits the visit of a high-level US trade delegation comprising representatives from the US Department of Commerce and a number of major US companies operating across various economic sectors, as part of efforts to strengthen economic and trade relations between the two countries.

The Prime Minister's Advisor for Foreign Relations, Farhad Ala'aldin, indicated that a high-level trade delegation from the United States will visit Iraq this week to strengthen economic and trade relations between the two countries.

Alaa El-Din said, "The visit aims to discuss investment and cooperation opportunities on priority strategic projects in Iraq, strengthen partnerships between the private sectors of the two countries, expand trade exchange, and transfer technical and technological expertise, all in a way that serves Iraq's economic development goals."

According to the Prime Minister's Advisor, the delegation includes representatives from the US Department of Commerce and a number of major US companies operating in the energy, infrastructure, technology, financial services, industry, healthcare, and general trade sectors, as well as representatives from the US Chamber of Commerce.

 Alaa El-Din considers the US trade delegation's visit a clear indication of American companies' confidence in Iraq's investment environment, while also representing a practical step toward developing bilateral economic relations.

Alaa El-Din added, "The visit will contribute to opening new horizons for cooperation, especially in sectors that the Iraqi government seeks to develop, such as energy and renewable energy, digital transformation, and banking services."

Alaa Al-Din emphasizes that despite the challenges facing the region, economic relations between Iraq and the United States are based on strategic foundations and mutual interests. He notes that the Iraqi government is working to protect its economic interests and ensure a stable business environment, thus maintaining the smooth flow of cooperation with all international partners, most notably the United States.

On October 27, Iraqi Foreign Minister Fuad Hussein, while chairing the regular meeting of the Higher Coordination Committee for the Strategic Framework Agreement between Baghdad and Washington, emphasized the importance of strengthening relations with the United States and moving towards a solid economic partnership.

Hussein stressed the need not to focus solely on military and security aspects, but rather to expand cooperation to include economic, health, educational, and environmental fields.

Iraqi-American relations are governed by the Strategic Framework Agreement, which Iraq signed with the United States in 2008. Both sides began implementing its provisions in 2009. The agreement includes 11 articles covering diplomatic, political, security, economic, and cultural areas, and stipulates long-term relations between the two countries based on the principle of sovereign equality, rights, and shared interests.  link

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Tishwash:  The budget is awaiting its launch. No political obstacles stand in the way. 

MP Salem Ibrahim confirmed, on Saturday (April 5, 2025), that there are no political forces or blocs obstructing the sending of the 2025 general budget tables, expecting that the tables will be sent to Parliament during the next week or the week after, according to current data .

Ibrahim told Baghdad Today, "There is a clear delay in sending the budget tables, amid increasing parliamentary pressure on the government to expedite its referral to the parliamentary finance committee for discussion, in preparation for submitting it to the parliament presidency and then presenting it for reading and voting in accordance with established constitutional procedures."

He explained that "all political forces support the approval of the budget, and there have been no indications of any party seeking to obstruct or disrupt the schedules, given the urgent need for the budget to secure the entitlements of governorates and various social groups, in addition to the financial obligations that depend on its approval ."

Ibrahim warned that "the continued delay in submitting and approving the budget will directly harm project funding and the implementation of financial plans in various governorates," stressing that "approving the budget has become a national option supported by all political parties without exception ."

The MP concluded his statement by saying, "There are no attempts to postpone the schedules until the next parliamentary session. All we are waiting for is the timing of the government's submission ."

The state's general budget is one of the fundamental pillars of financial and economic management in Iraq. The government relies on it to finance development projects, provide services, pay salaries, and fulfill social obligations to various segments of society .

With the adoption of the first three-year budget in 2023, many hoped the delays would be shortened, but the detailed annual schedules still need to be submitted, discussed, and voted on by Parliament .

These statements come at a time of mounting parliamentary and popular pressure on the government to expedite the release of schedules, amid a growing need to activate stalled projects and disburse dues to governorates, employees, and contractors, amid mounting economic and financial challenges link

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Tishwash:  95 trillion dinars are held outside the banking system. What is their impact on the economy?

 Prime Minister's advisor, Mazhar Mohammed Saleh, confirmed on Saturday that the widespread use of digital payment systems allows citizens to borrow at lower costs, noting that 95 percent of the country's 109 trillion dinars are held outside the banking system.

"The positive steps towards activating e-commerce are aligned with the government's and the Central Bank's efforts to integrate hoarded funds (cash leakage) into the banking system, which will contribute to strengthening the national economy and achieving financial stability," said Mazhar Mohammed Saleh, an advisor to the Prime Minister.

He pointed out that "the Monetary Authority had previously prepared regulations and registration procedures to obtain a license to practice this trade, in a coordinated manner that contributes to regulating the market and enhancing consumer confidence."

He added, "The government and Central Bank's steps to enhance confidence and activate e-commerce are in line with the launch of digital transformation projects. This has been the case since the Central Bank announced the launch of strategic projects to support digital transformation, including the instant payments project, local cards, and unified payment gateways, all of which aim to enhance financial inclusion and facilitate digital banking operations.

He pointed out that "all measures to address information technology and integrate it into digital payment systems are in line with the country's digital renaissance, the community's financial culture, and the development of monetary behavior in relation to inherited customs, traditions, and cultures. Hoarding money at home instead of depositing it in banks remains a prominent economic challenge in Iraq."

He explained: "Estimates indicate that approximately 87% of the money supply, or approximately 95 trillion dinars out of a total of 109 trillion dinars, is held outside the banking system, preventing a significant portion of the nation's wealth from effectively participating in the economy."

He explained that "the more digital payment systems are used, including e-commerce, the more efficient banking activity becomes and the fewer leakages outside banks. This gives official and licensed banking units the greatest opportunity to extend more credit or lend to citizens at a lower cost and with greater efficiency, thanks to the often lower interest rate." 

He noted that "the parallel market for usurers, which deals with funds circulating or hoarded outside the banking system, is a very dangerous, illegal, and costly market for citizens and the national economy in terms of engaging in credit operations or lending at very high usurious interest rates, or what is known as the usurers' market, due to the ambiguity of its operations.

 In addition, some of its activities conflict with the Anti-Money Laundering Law due to the lack of transparency in financing and the absence of governance elements, accompanied by trading and recovery risks."   link 

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Mot: .. Summers acoming -- Dads Need to Prepare!!!!

Mot: . Just in Time fer Spring!!!

No Gold At Fort Knox? Exposing The Shocking Truth!

No Gold At Fort Knox? Exposing The Shocking Truth!

As Good as Gold Australia:  4-5-2025

In this exclusive interview, Darryl and Brian Panes from As Good As Gold Australia sit down with the Robin Hood of Wall Street, Greg Mannarino, to discuss key financial trends and what they mean for investors in 2025.

With gold prices soaring by 18% in just the first three months of 2025, we dive deep into the historical data, exploring the years when gold prices spiked by over 30%. Can we expect similar growth this year?

 We also discuss the significant shift in Australia's financial landscape, including the parliamentary vote against discontinuing cash as a legal tender and the implications of retaining cash options for future financial freedom.

 Is the US experiencing similar concerns, and why is it essential to keep cash in circulation? In an intriguing segment, we explore why major commercial networks in Australia seem reluctant to report on the surging gold price despite its remarkable 18% increase in 2025.

Is there a hidden agenda behind the censorship of gold prices? Could it be that governments or the wealthy elite are trying to suppress the rise of alternative currencies?

The conversation takes a closer look at the three US gold depositories – Fort Knox, the Federal Reserve of New York, and the Federal Reserve in Saint Louis. Why is President Trump’s planned visit to Fort Knox taking so long? Could it be a strategic move to conceal the real state of US gold reserves?

We also delve into the geopolitical landscape with a discussion on President Trump’s stance on the Ukraine War. Having been in office since mid-January 2025, Trump had previously stated he would resolve the war within days.

But is it possible that the situation goes deeper than originally anticipated? Is the defence department playing a role in prolonging the conflict? Could the long-standing history of money printing be linked to the continued escalation of wars?

Finally, Greg Mannarino discusses the Gold to Silver ratio, currently standing at a staggering 90:1. With growing talks of silver price manipulation coming to an end, could we be heading for a much tighter ratio in the near future?

Don’t miss this thought-provoking discussion with Greg Mannarino as he shares his insights into the future of gold, silver, cash, and global finance in 2025!

https://www.youtube.com/watch?v=P_eZt5TW3Wo

More News, Rumors and Opinions Saturday PM 4-5-2025

KTFA:

Clare:  The Iranian rial falls to a new record low against the dollar.

4/5/2025

The Iranian rial hit a record low against the dollar, trading at 1,043,000, as tensions between Washington and Tehran escalate.

This decline occurred during the Persian New Year, Nowruz, when currency exchanges closed and transactions were limited to informal street trading, placing additional pressure on the market.

On Ferdowsi Street in the Iranian capital, Tehran, the heart of the country's currency exchanges, some merchants have closed their electronic signs displaying the current exchange rate amid uncertainty about the extent of the rial's decline, according to the Associated Press.

Iranians seeking safe havens for their savings amid an annual inflation rate of nearly 40% are turning to gold, dollars, and other currencies, threatening further challenges for the rial.

The Iranian currency was trading at around 55,000 rials to the dollar in 2018, when the Trump administration, during his first term, imposed sanctions to force Tehran to negotiate by reducing its oil exports and limiting its access to foreign currency.

The United States has imposed four rounds of sanctions on Iranian oil sales since Trump returned to the White House.  LINK

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Clare:  Erbil celebrates the 94th anniversary of the issuance of the first Iraqi currency (photos)

4/5/2025

The Education Museum in Erbil, the capital of the Kurdistan Region, held a special event on Saturday to mark the 94th anniversary of the issuance of the first Iraqi currency, with a large educational and cultural presence.

The ceremony included a display of a wide range of ancient Iraqi coins, documenting the political and economic transformations the country has undergone from the royal era to the present day.

The event featured a rare display of various types of banknotes and coins, including first editions bearing the image of King Faisal I, through decades of changes that accompanied the monarchy and republican systems, and up to the most recent editions.

In an interview with Shafaq News Agency, the director of the educational museum, Omid Al-Barzanji, said, "Today's event is a display of Iraqi currency from the time of King Faisal until the present day."

He added, "This date is very important to us, because professors in the past were very interested in collecting coins and their types to display to students as historical evidence. Why? Because every coin, whether paper or metal, has a special stamp or markings that indicate the historical period in which it was issued and reflect the period in which people lived."

"For this reason, professors have paid attention to it, and today we attach special importance to it on the occasion of the 94th anniversary of the issuance of the first Iraqi currency," Al-Barzanji added.

He continued, "We are displaying these coins so that the new generation can learn that the Iraqi dinar was worth three dollars, or even more, in the past. Compared to the current currency situation, we notice a decline in its value. This display also shows the new generation that Iraq has gone through many circumstances and challenges, and has lived through multiple phases, from the era of the monarchy to the republic, all the way to the present day."

The museum director concluded his remarks by saying, "Every period has a story, and every era has a history, and we showcase this history through Iraqi currency."  More pictures at link    LINK

Courtesy of Dinar Guru:  https://www.dinarguru.com/

Militia Man  The Government is calling for an urgent meeting to get the budget law agreement into force and now!  The government is setting the circumstances straight for all to see her stance on the matter. Not only is the country needing to know where they stand, but investors, companies and all those involved in the matter need to know and quickly...There is an urgency now like never before with what is at stake in the integration into the global financial system.
 
Frank26   I'm seeing the price of oil go down dramatically.   It's bad enough when it was in the $70s.  I believe it hit $63...You know what that's going to do to the budget tables?  Maybe it's good.  Wouldn't that put a little fire under the new exchange rate to come out as quickly as possible?

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U.S. Gov Just Secretly Ordered Banks To Blow Up The Paper Gold System—COMEX Is Next | Andy Schectman

The U.S. government may have just taken the most shocking step yet—issuing quiet orders to U.S. banks to dismantle the entire paper gold system.

Andy Schectman breaks down the explosive signs pointing to coordinated sabotage of the COMEX, skyrocketing lease rates, delayed deliveries, and the widening gap between spot and futures.

Could this be the final chapter for paper gold? Are we witnessing the beginning of a full-blown vault run?

Discover how this silent financial warfare could change everything about gold, silver, and your wealth.

https://www.youtube.com/watch?v=-HW99Lv2Vw4

Seeds of Wisdom RV and Economic Updates Saturday Afternoon 4-5-25

Good Afternoon Dinar Recaps,

ILLINOIS LAWMAKER’S CRYPTO BILL AIMS TO TIGHTEN REGULATIONS AND ADDRESS FRAUD

The Illinois Senate has advanced a bill to establish comprehensive regulations for crypto businesses operating in the state and address concerns about digital assets-related fraud cases, which saw over $160 million in losses in 2023.

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Illinois Advances Crypto Consumer Protection Bill

On Thursday, Illinois’ Senate Executive Committee passed Senate Bill 1797 (SB1797), also known as the Digital Assets and Consumer Protection Act, introduced by State Senator Mark Walker in February.

The bill, co-sponsored by State Senators Karina Villa, Rachel Ventura, and Mike Porfirio, aims to “crackdown on more than $163 million lost to cryptocurrency fraud in Illinois in 2023” by tightening the state’s regulations.

If passed, SB1797 would enable the Illinois Department of Financial and Professional Regulation (IDFPR) to oversee the guidelines that crypto companies must adhere to, making it the primary regulatory agency in the state.

“The rise of digital assets has opened the door for financial opportunity, but also for bankruptcy, fraud, and deceptive practices,” the Democratic Senator stated, “We must set standards for those who have evolved in the crypto business to ensure they are credible, honest actors.”

Bitcoin Laws explains that “the legislation aims to provide consumer safeguards while promoting responsible innovation in the digital asset space, with a phased implementation approach allowing businesses until January 2027 to fully comply with all provisions. The bill grants the Department significant oversight and enforcement powers, including the ability to investigate, levy fines, and take action against non-compliant businesses.”

Under the proposed legislation, the IDFPR could adopt rules to protect consumer assets and investors. Moreover, crypto companies must register with the IDFPR, provide disclosures, and prove they can satisfy payouts.

Another provision requires companies to notify consumers of any charges or transfers of their digital assets and to build programs to reduce consumer fraud. After Thursday’s vote, the bill moves to the full Senate.

Illinois’ Strategic Bitcoin Reserve

In January, Illinois joined the Strategic Bitcoin Reserve (SBR) race after State Representative John Cabello introduced House Bill 1844 (HB1844), or Strategic Bitcoin Reserve Act, to integrate Bitcoin (BTC) into the state’s financial framework.

The bill seeks to create a state-owned strategic BTC reserve managed by the Illinois State Treasurer, developing “a special fund in the state treasury” to hold BTC as a financial asset.

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The legislation would allow the State Treasurer to receive Bitcoin gifts, grants, and donations from Illinois residents and governmental entities for the Fund. Additionally, it stipulates that all BTC deposits into the funds must be held for at least 5 years, starting when the asset enters the State’s custody.

It also mandates biennial reporting of the Fund’s status, detailing the total amount of BTC and its equivalent in USD, the Fund’s growth, and any transaction updates since the previous report.

However, data from the Illinois General Assembly shows that the bill hasn’t advanced in the legislative process since the first reading, waiting to be considered by the House Rules Committee.

@ Newshounds News™
Source:  Bitcoinist

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BRICS: CHINA & BRAZIL OFFICIALLY ANNOUNCE TO TRADE IN LOCAL CURRENCIES

BRICS members China and Brazil officially announced to settle payments in local currencies to reduce dependency on the US dollar. This comes after China imposed an additional 34% tariffs on all US goods entering the country in a countermeasure to Trump. Several countries are expressing their displeasure against the US tariffs and finding alternatives to the dollar to safeguard their economies.

In addition, China also announced the restriction of local companies from investing in the US. The move stops the inflow of funds to the US making the markets slow down. The US could lose billions worth of institutional investment from China as a countermeasure to Trump’s tariffs. Read here to know how many sectors in the US will be impacted if BRICS uses local currencies for trade.

BRICS: Brazil & China Will Continue Trading in Local Currencies

Tatiana Rosito, Secretary of the Finance Ministry confirmed that BRICS member Brazil supports the payment settlements in local currencies with Brazil. Rosito stressed that mutual payments between Brazil and China will increase, and simultaneously the reliance on the US dollar will decrease.

“The trade in local currencies is already underway, for example, between (BRICS members) Brazil and China,” said Rosito to Tass. She added that Brazil has no objections to settling cross-border in local currencies with China. “No obstacles exist to that on the side of Brazil,” the official said.

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The Secretary explained that settling trade in local currencies would reduce foreign exchange costs and boost their economy. “Therefore, the goal of BRICS is to expand the use of local currencies in any way that will make it possible to reduce costs and will be of interests for the association’s members,” she said.

She added that the New Development Bank, which aids BRICS with funds in local currencies can transform the alliance. “Opening of this bank reflects the aspiration of BRICS members to proactively participate in transformation of the economic and financial order,” Rosito summed it up.

@ Newshounds News™
Source:  Watcher Guru

~~~~~~~~~

GERMANY CONSIDERS REPATRIATING BILLIONS IN GOLD FROM US AMID TARIFF TENSIONS

Germany is weighing the potential withdrawal of approximately 1,200 tons of gold, valued at over €113 billion ($124.41B), from the U.S. Federal Reserve in New York amid escalating trade tensions triggered by Trump’s tariffs on the European Union, according to recent reports and political statements.

Trade Strains Prompt Germany to Reevaluate 1,200-Ton Gold Stash in U.S.

Germany, which holds the world’s second-largest gold reserves at 3,352 tons, stores 30-37% of its bullion in New York, a Cold War-era practice designed to ensure dollar liquidity during crises. The remainder is split between Frankfurt (50%) and London (13%).

Discussions about repatriating the U.S.-held gold intensified following President Donald Trump’s imposition of sweeping tariffs, including a 10% levy on EU imports, which German lawmakers argue undermines trust in bilateral agreements.

Political figures, including CDU members Marco Wanderwitz and Markus Ferber, have demanded increased oversight or full repatriation, citing fears the U.S. could restrict access during economic disputes.

The European Taxpayers’ Association echoed concerns, stressing the need for “immediate access” to gold amid discussions of new EU debt instruments. However, the Bundesbank has publicly reaffirmed confidence in the Federal Reserve, with President Joachim Nagel calling the Fed a “trustworthy and reliable partner.”

This debate mirrors Germany’s 2013-2017 repatriation effort, which saw 674 tons moved from New York and Paris to Frankfurt after public pressure and logistical challenges. Only five tons were initially returned in 2013 due to delays, highlighting the complexity of large-scale transfers.

**********************************************
Economically, the tariffs threaten to reduce Germany’s GDP growth by 1.5 percentage points by 2027, per Bundesbank projections. Meanwhile, gold prices have surged to record highs above $3,100 per ounce, driven by market uncertainty. Analysts suggest holding reserves domestically could provide liquidity safeguards if trade disputes escalate.

Globally, 68% of central banks now prioritize domestic gold storage, up from 50% in 2020, according to a 2023 World Gold Council survey. This trend, accelerated by U.S. sanctions on Russia and other nations, highlights a broader shift toward financial sovereignty.

The United States boasts the world’s largest gold reserves at 8,133 tons, a staggering figure representing more than three-quarters of its foreign reserves. Trailing behind Germany, Italy claims the third spot with 2,452 tons, predominantly safeguarded within the Bank of Italy’s vaults and select international depositories.

As of April 2025, no final decision has been made, leaving Germany’s gold strategy suspended between political urgency and institutional caution. The outcome could redefine how nations balance economic security with international partnerships in an era of rising protectionism.

@ Newshounds News™
Source:  Bitcoin News

~~~~~~~~~

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News, Rumors and Opinions Saturday 4-5-2025

Ariel : Stock Market Crash is Right on Schedule

4-5-2025

The stock market is crashing. Right on schedule. Now they want to renegotiate the oil exports now that they are hit with that 65.00. This is a perfect storm. Because that 39% tariff is not making things any better for Iraq. Who can they turn to in this moment if crisis?

Iran? Nope.
Saudi Arabia? Nope.
Israel? Nope.
America? Nope.

Then what?

Currency revaluation? Yep.

Then they can sit at the table with those other folks. Because then everyone will be on a what? Even playing field.

Source(s):
https://x.com/Prolotario1/status/1908259790838538247

https://dinarchronicles.com/2025/04/05/ariel-prolotario1-stock-market-crash-is-right-on-schedule/

************

Courtesy of Dinar Guru:  https://www.dinarguru.com/

Bruce  [via WiserNow]   Iraq needs...to get everything done by the 8th  of April...the RV as we call it - would be on or before the eighth of April...I believe they've already got everything that we know of accomplished. They've got lower denominations already in the ATMs and in the in the shops  and so on and they celebrated...so I think everything's ready from the perspective that we know of...I've heard everything is done. Of course, we've heard that a lot...but I believe it is finally done.

Frank26  IMO the revealing of the new exchange rate, the showing of the new lower notes must all be done together in coordination, in synchronization.  In the past I used to think that maybe we could have one and then the other followed by very quickly but based on what we're seeing, no, coordination, synchronization, together because if you do one, then you do the other.

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THE DEBT HAS BEEN FULLY WEAPONIZED, THE US DOLLAR WILL DIE.

Greg Mannarino:  4-4-2024

https://www.youtube.com/watch?v=ppAsVgiDAqE

Treasury Secretary Scott Bessent Talks About Gold Flows From London To New York

Arcadia Economics:  4-4-2025

Treasury Secretary Scott Bessent Talks About Gold Flows From London To New York

It was another brutal day for gold, silver, stocks, and just about anything outside of the US bond market. Yet we did get some fascinating commentary from Treasury Secretary Scott Bessent about the recent gold flow from London to New York.

And trust me, you're not going to miss hearing what he had to say. So to find out more, click to watch the video now!

https://www.youtube.com/watch?v=vzHcq3ORVgQ

Seeds of Wisdom RV and Economic Updates Saturday Morning 4-5-25

Good Morning Dinar Recaps,

SEC EASES UP ON STABLECOINS — BUT NOT ALL OF THEM MAKE THE CUT

The U.S. SEC is taking a step back from certain stablecoins, saying they don’t count as securities — which basically means the agency won’t be regulating them like it does stocks or crypto tokens it sees as investments. This is a big shift and adds to the list of crypto areas the SEC is slowly letting go of, like memecoins and mining.

According to a post by Fox Business journalist Eleanor Terrett, the SEC has introduced a new category called “Covered Stablecoins.” 

These digital coins are always equal in value to the U.S. dollar — one coin equals one dollar. To qualify, these coins must be backed by safe, easy-to-sell assets that match or exceed the amount of coins in circulation. This means they’re considered stable, safe, and easily redeemable for real dollars at any time.

The SEC’s Division of Corporation Finance made it clear that these kinds of stablecoins are not being treated as investments. Because of that, they do not fall under the SEC’s jurisdiction — which is a big deal for projects trying to stay compliant while offering dollar-backed crypto.

However, this doesn’t apply to all stablecoins. The SEC says this guidance doesn’t include algorithmic stablecoins (which use code to keep their value stable), stablecoins that offer yield or interest, or coins tied to other assets like gold or foreign currencies. These other types might still be considered securities or face other regulations.

This new update is a positive step for regulated, dollar-backed stablecoins like USDC or PayPal’s PYUSD, giving them a bit more breathing room and clarity. But the rest of the stablecoin space still sits in a gray area.

But No Interest for Users

But there is something else that is very important to note: Even though stablecoin companies can make money (like through interest on their reserves), they’re not allowed to share that money with users. So, users won’t earn interest from holding these covered stablecoins.

Coinbase CEO Brian Armstrong isn’t happy about that. He said he wants Congress to change the rules so users can earn interest without the coins being considered securities.

Circle Applauds, Congress Pushes Ahead

Circle President Heath Tarbert praised the SEC for its decision, saying that only stablecoins with real backing, like USDC, qualify. At the same time, Congress is working on stablecoin rules. Bills are moving through both the House and Senate with strong support from both parties.

As political discussions grow, with Trump supporters pushing their own crypto plans, everyone’s attention is on the SEC’s upcoming crypto summit, where trading will be a major focus.

@ Newshounds News™
Source:  Coinpedia

~~~~~~~~~

U.S. DEPARTMENT OF THE TREASURY SANCTIONS EIGHT CRYPTO WALLETS ALLEGEDLY TIED TO IRAN-BACKED HOUTHI REBELS

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed sanctions against a network of financial facilitators and procurement operatives that provide supplies to the Houthis, an Iran-backed terrorist organization that has launched attacks against dozens of ships in the Red Sea and Gulf of Aden.

In a statement, the OFAC says that it has taken action against a Houthi network working with Sa’id al-Jamal, a financial facilitator with ties to Iran’s Islamic Revolutionary Guard Corps-Qods Force (IRGC-QF).

Al-Jamal’s network has procured millions worth of weapons and other commodities from Russia, including stolen Ukrainian grain, and shipped the goods to the Houthis in Yemen.

The new sanction includes eight crypto wallets that the OFAC says the Houthis used to transfer funds associated with their activities. The development makes it illegal to transact with these crypto addresses.

“Unless authorized by a general or specific license issued by OFAC or exempt, U.S. sanctions generally prohibit all transactions by US persons or within (or transiting) the United States that involve any property or interests in property of designated or otherwise blocked persons.”

According to the blockchain intelligence firm TRM Labs, two of the crypto addresses were already linked to Sa’id al-Jamal. The other wallets have ties to entities that Israel’s National Bureau for Counter Terror Financing (NBCTF) has flagged as involved in terrorist financing.

On-chain analysis likewise shows that millions of dollars’ worth of funds moved from these wallets to those belonging to other high-risk and OFAC-sanctioned entities, as well as manufacturers and sellers of unmanned aerial vehicles (UAVs) and anti-UAV equipment connected to China and Russia.

@ Newshounds News™
Source:  DailyHodl

~~~~~~~~~

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“Tidbits From TNT” Saturday Morning 4-5-2025

TNT:

Tishwash:  A high-level US trade delegation is expected to visit Baghdad.

Iraq is anticipating the visit of a high-level US trade delegation comprising several major American companies. The visit is expected to strengthen relations between Washington and Baghdad in the areas of security, infrastructure, and energy.

This was announced by Farhad Alaa El-Din, the Sudanese Prime Minister's advisor for foreign affairs, on Friday, April 4, 2025. He explained that the delegation will arrive in Baghdad next week, and that an agreement is expected to be concluded between the American company General Electric and the Iraqi Ministry of Electricity to develop the electricity sector in Iraq.

The advisor noted that the agreement will help address Iraq's current electricity shortage, which stands at 48,000 megawatts.

Alaa El-Din added that the United States has significantly expanded its economic relations with Iraq over the past two and a half years, and that Washington is playing an increasingly important role in revitalizing the Iraqi economy.

The US delegation's visit was organized by the Iraqi Chamber of Commerce, and several agreements and memoranda of understanding are expected to be signed between the two sides, in addition to an agreement to develop the electricity sector.

Alaa El-Din also noted that Iraq seeks to leverage the capabilities of American companies to address the problem of flaring large quantities of associated gas due to the lack of adequate infrastructure.

The US trade delegation's visit comes amid US President Donald Trump's imposition of tariffs on several countries, including Iraq, which Trump announced on Wednesday night, April 2, 2025, at a rate of 39%. link

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Tishwash:  With oil prices rapidly declining, a member of the parliamentary finance committee calls for amending the budget schedules.

Jamal Kocher, a member of the Parliamentary Finance Committee, stressed the need to reconsider the 2025 budget schedule if oil prices continue to fall below $70 per barrel.

Kocher explained to Al Furat News Agency, "This matter depends on the price estimated in the budget, indicating that if the price per barrel is at $70, the current rates can be maintained."
He pointed out that "the final decision will be based on financial estimates of oil prices throughout the year, as the price can be maintained if studies indicate it rises above $70. However, if the price falls below this level, Kocher stressed the need for the government to review the financial schedules."

Kocher pointed out that "there is a real deficit in the budgets of previous years, 2023 and 2024, which requires careful handling of oil price fluctuations and their impact on the national economy."
Oil prices fell for the second day in a row, reaching their lowest levels in more than three years, after markets were shocked by the sudden increase in OPEC+ production, in addition to the tariffs imposed by US President Donald Trump, which could lead to a reduction in global demand.

Brent crude, seen as a global benchmark for the oil market, has lost more than 10% in just two days, while US futures are trading at their lowest levels since May 2023, according to Bloomberg.
Brent has fallen to $65 a barrel.

These declines are the result of the tariff storm announced by Trump on Thursday, which threatens global economic growth and consumption.

Just hours after Trump's tariff announcement, the OPEC+ alliance announced a tripling of planned production for May. link

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Tishwash:  Al-Sudani: Iraq is witnessing an unprecedented phase of reconstruction and development.

Prime Minister Mohammed Shia al-Sudani said on Friday, April 4, 2025, that: "Iraq is witnessing an unprecedented phase of reconstruction and development."

During his meeting today with a group of tribal sheikhs and dignitaries from various communities at the guest house of Hajj Rahim Majisar al-Baydani in Baghdad, Al-Sudani affirmed that "the tribes have always been with the state since its founding, beginning with the 1920 Revolution, and their contributions and sacrifices have continued effectively at various stages and times."

The Prime Minister pointed to "the role of the tribes and their honorable stance in responding to the religious authority's call for sufficient jihad, the call of the nation, as all members of the tribes that bear the Iraqi color lined up in the trench of confrontation against terrorism. This stance came at a time when it was rumored that Iraq had ended as a state, only for the country to return safe and unified."

Al-Sudani stressed that "the supreme religious authority's indication that Iraqis have a cultural and intellectual heritage that they must study, understand, and rely on is a fitting indication, and that our country, with its culture and resources, is capable of facing various challenges." He emphasized that "her talk about Iraq's recovery and being on the right path is a reassuring message to some alarmists who paint a picture of anxiety, panic, and defeatism among society."

He explained, "What we enjoy today is thanks to the sacrifices and honorable stances of the tribes, which we cannot forget. Iraq is strong, capable, healthy, and progressing, as attested to by all regional and international institutions." He indicated that "Iraq has an important pioneering role, and the reconstruction and development it is witnessing, from Basra to Nineveh, is an unprecedented phase."

He continued, "From the outset, the government has worked on priorities based on the needs of the people, far removed from any personal or partisan objectives. We cannot mortgage the country's future solely to oil, especially since Iraq possesses the potential for agriculture, industry, and tourism."

Al-Sudani stated, "Our country is distinguished by its geographical location as a global trade corridor. That's why we launched the Development Road project, and we are working day and night to achieve our commitment. We have the capabilities, resources, and determination to face various challenges."

He pointed out that "work is continuing on a project to transport gas to our power stations, and there is a genuine will to implement reforms, and we have made significant progress in this regard, in a timeframe not exceeding two and a half years of the government's term."

He continued, "The region has witnessed exceptional circumstances, and the government's greatest test was how to handle this crisis, given Iraq's principled position on the Palestinian issue. The continued Zionist aggression against the Palestinians has demonstrated the failure of the international community."

He explained, "We were able to preserve Iraq by acting wisely and responsibly to avoid slipping into the arena of war and conflict. Some emotional and hasty voices wanted Iraq to go to war and conflict."

The Prime Minister stressed that "the interests of Iraq and Iraqis are the government's top priority, and there is no room for favoritism toward any internal or external party." He explained that "the government's approach is to preserve the supreme interests of the state, and we have full hope that the clerics, tribal sheikhs, and elites will promote a discourse of unity, solidarity, and brotherhood among all members of society."

He continued, "There are those who thrive on the rhetoric of sedition, crisis, and conspiracies, and we must pay attention to this matter, especially with the upcoming elections. We are confident that Iraq's future is promising, thanks to its people, capabilities, resources, and sound principles for governing the state."  link

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Mot: Ahah!!! -- This Finally Says it All!!!! 

Mot: Will Beeeeee a Perfect Daze fur - bird watching 

Seeds of Wisdom RV and Economic Updates Friday Afternoon 4-4-25

Good Afternoon Dinar Recaps,

UK PRIME MINISTER SEEKING NEW US TRADE DEAL TO REMOVE TARIFFS

The United States took decisive action this week, announcing new 10% baseline tariffs on what President Donald Trump announced as the nation’s Liberation Day.’ Now, UK Prime Minister Keir Starmer is reportedly seeking a new US trade deal to remove the tariffs, according to a Washington Post report.

The announcement of new import taxes created a race to negotiate with the United States. Indeed, the economic policy saw Israel and India move swiftly to shift their duties on US goods in hopes of avoiding the reciprocal tariffs. Now, Starmer is looking to reduce tariffs placed on Britain through a new deal with the Trump administration.

UK Prime Minister Keir Starmer Eyes New US Trade Deal Amid Trump’s Liberation Day Tariffs

The United States made headlines this week when US President Trump announced a brand new wave of tariffs on all trade partners with the country. Indeed, the move wreaked havoc on the US stock market. In the two days since, it drove the Dow Jones Index down more than 2,000 points.

Yet, the decision was made by the administration to balance a trade system that the president says has long been unfair. That effort took a key step forward on Friday. Specifically, UK Prime Minister Keir Starmer is seeking a new US trade deal to remove the newly imposed tariffs.

According to the recent report, Starmer is “ready to make major concessions to reach a deal even as other countries rush to the trade barricades with reprisal tariffs, boycotts, and outages.” The UK has already cut tariffs on some imported US goods. Moreover, they are even prepared to lower the British taxes paid by US tech companies.

“Every country is calling us,” Trump told reporters Thursday. “Now, they will do anything for us,” he added. Now, all eyes will be on where things go from here. The action has undoubtedly brought the world closer to a trade war. If deals can be struck, then the global economy may yet be able to avoid the worst of it.

@ Newshounds News™
Source:  Watcher Guru

~~~~~~~~~

BRICS: US DOLLAR PLUMMETS, GOLD TO SOAR IN BEST CASE SCENARIO FOR BLOC

The world got a rather surprising development this week when US President Donald Trump announced a new slate of Liberation Day tariffs. The move introduced a baseline 10% import tax on all trading partners, and the outcome has been dire. However, it may only help BRICS, as the US dollar has plummeted with gold set to soar in a best-case scenario for the alliance.

The collective has been outspoken in its continued pursuit of de-dollarization on a global scale. Throughout the last several years, the bloc has continued to seek out local currency promotion that lessened international reliance on the West. Moreover, it has fast-tracked its gold purchasing in what may pay off brilliantly amid the uncertain geopolitical climate.

US Dollar Drops as Gold Is Set to Surge in Best Possible Outcome for BRICS

At the start of his second term, US President Trump warned that the BRICS bloc would face 150% tariffs. Specifically, he sought to ensure the global reserve status of the US dollar and targeted any country engaging in efforts to undermine that. However, despite the conflict from the West, it may be the best possible outcome for the collective.

BRICS may be in a position to benefit as US President Trump’s Liberation Day tariffs have caused the US dollar to plummet, with the gold price set to soar. Indeed, Thursday saw the greenback fall to its lowest level in months as recessionary fears picked up.

JPMorgan Bank said that the country now faces 60% odds of facing a recession this year. Moreover, it combines with Deutsche Bank’s previous warning that the currency will face a “crisis of confidence” amid the new economic policy. Uncertainty in the global economic world means that gold will likely surge.

The metal has been on a tear so far this year. Throughout the first three months of the year, it has surged to an all-time high above $3,000. Moreover, experts are expecting the winning ways to continue. Recently, HSBC raised its average gold price projection for 2025 to $3,015 and $2,915. Indeed, that was a notable increase from its previous forecast of a $2,687 high-end average price.

@ Newshounds News™
Source:  Watcher Guru

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

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Thank you Dinar Recaps

More News, Rumors and Opinions Friday Afternoon 4-4-2025

KTFA:

Clare: Government calls for an urgent meeting with relevant parties to resume negotiations on Kurdistan Region oil exports.

 4/4/2025  Baghdad /

 The Ministry of Oil called for an urgent meeting with the concerned parties to resume negotiations on the export of oil from the Kurdistan Region.

The ministry said in an official statement on Friday, "We are working to ensure the proper implementation of the amendment to the budget law approved on February 2, 2025, so that exports can begin via the Iraq-Turkey pipeline as soon as possible."

It added, "The Iraqi government has taken concrete and serious steps to demonstrate its good faith in the negotiations and ensure the resumption of oil exports via the Iraq-Turkey pipeline." It noted Prime Minister Mohammed Shia al-Sudani's confirmation that selling oil through illegal frameworks outside the responsibility of SOMO and its sales mechanisms is an infringement on the rights of the Iraqi people. LINK

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Clare:  One of them is "historic" and relates to electricity. Iraq is about to sign new agreements with the United States.

4/4/2025

Farhad Alaa Al-Din, the advisor to the Iraqi Prime Minister for Foreign Affairs, said that there is a "unique opportunity" for Baghdad and Washington to "deepen their partnership to enhance regional security, economic integration, and long-term stability." He revealed that a large delegation of American companies will arrive in the Iraqi capital next week to explore new opportunities in the Iraqi market.

In an article written by Farhad Ala'aldin in the English-language newspaper The National, translated by Shafaq News Agency, he said that he recently visited Washington, where a high-ranking US official informed him that the current administration's foreign policy is focused on making the United States safer, stronger, and more prosperous.

He added that this approach is entirely consistent with Iraq's aspirations and foreign policy, particularly with Prime Minister Mohammed Shia al-Sudani's vision of "Iraq First" and "common interest," indicating that this consensus can make Iraq more secure, stronger, and prosperous.

After noting that Iraqi-American relations have steadily grown in the areas of security, energy, and the economy, Farhad Alaa Al-Din wrote that, given the accelerating pace of economic recovery and comprehensive development in Iraq, particularly in the energy sector, the opportunities for major American companies to play a significant role in shaping this transformation have become greater than ever.

While Al-Sudani's advisor stated that these companies are well-positioned to leave a clear and influential mark and contribute to deepening and strengthening bilateral relations between the two countries, he explained that a large delegation of American companies will arrive in Baghdad next week to explore new opportunities in the rapidly growing Iraqi market. He noted that the US-Iraq Chamber of Commerce is leading this effort as part of a broader initiative to strengthen trade relations between the two countries.

Alaa El-Din also indicated that several memoranda of understanding and agreements are expected to be signed between these companies and their Iraqi counterparts.

While Alaa Eldin discussed American companies that play a significant role in developing the Iraqi energy sector, such as General Electric, KBR, Baker Hughes, Halliburton, and Honeywell, he noted that among the important opportunities expected to take place during the upcoming visit is the signing of a historic agreement between General Electric and the Ministry of Electricity to develop 24,000 megawatts of highly efficient power generation, to help bridge the significant gap in electricity demand in Iraq, which currently stands at approximately 48,000 megawatts.

The Prime Minister's advisor also discussed efforts to establish cross-border energy partnerships, including the completion of connecting 500 megawatts to the GCC electricity grid via Kuwait in 2025, while agreements with Turkey, Jordan, and Saudi Arabia are expected to contribute an additional 2,500 megawatts by 2027.

According to Alaa El-Din, American companies are also well-positioned to help address the "critical issue" of reforming Iraq's gas sector, reducing gas waste and environmental damage, and achieving Iraq's goal of energy self-sufficiency.

The government advisor continued, "Over the past two and a half years, Iraq has awarded more contracts to American companies than at any previous stage in bilateral relations, while economic cooperation between the two countries has witnessed a remarkable boom, ranging from agricultural imports, such as wheat and rice, to extensive infrastructure development."

Alaa El-Din also noted that the Iraqi government is currently focusing on accelerating major infrastructure projects in the transportation, water, and communications sectors, where American companies enjoy significant competitive advantages.

He added that it is clear for Baghdad and Washington that the path forward is determined by shared interests and obligations, adding that the trajectory of this relationship points to deeper cooperation based on mutual respect and agreed-upon strategic objectives.

According to the Iraqi official, looking to the future, there is a "unique opportunity" for Iraq and the United States to deepen their partnership to enhance regional security, economic integration, and long-term stability. He recalled that this vision was a key focus of the phone call between Al-Sudani and US President Donald Trump on November 8, following his election, in which the two leaders "expressed their commitment to strengthening the strategic partnership between Iraq and the United States and enhancing bilateral relations beyond security concerns, with a focus on cooperation in the fields of economy, finance, energy, and technology."

Alaa Al-Din concluded his article in The National by saying that this new chapter in Iraqi-American cooperation heralds a future of mutual prosperity, while shared interests in economic development and regional stability lay the foundations for a lasting partnership that serves both countries and contributes effectively to global security.  LINK

************

Courtesy of Dinar Guru:  https://www.dinarguru.com/

Frank26   [Iraq boots-on-the-ground report]  FIREFLY: Sammy says they are telling everyone on the television that they have seen the [budget] tables and there is no rate in it.  They are a bunch of liars. Of course there's a rate in it.  They are all clowns.  Sudani is hiding this from them.  FRANK:   Yes he is.

Mnt Goat   My impression of this news... the ongoing effort for the economic development in Iraq...is that this is Iraq’s time. Why am I only now showing excitement about this effort. This excitement comes because of all the components I see now coming together and I can see the writing on the wall of the end result.

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All Markets Tanking, What's Next? | Todd "Bubba" Horwitz

Liberty and Fnance:  4-4-2025

https://www.youtube.com/watch?v=M7szuwl5qcA

(THE DESTROYER COMETH). THE TRADE WAR GOES NUCLEAR. STOCK MARKET IN FREEFALL DOLLAR DE@TH.

Greg Mannarino:  4-4-2025

https://www.youtube.com/watch?v=IFfq-aAI5vo

Trust in the US Dollar is Eroding

Trust in the US Dollar is Eroding

Liberty and Finance:  4-3-2025

In a recent interview with Liberty and Finance, Miles Franklin CEO Andy Schectman delivered a compelling analysis of the current market landscape, reaffirming the enduring value of gold and silver as essential components of a well-rounded investment portfolio.

With global economies teetering and trust in traditional financial systems eroding, Schectman’s insights provide crucial context for understanding the role of precious metals in navigating an increasingly uncertain world.

Schectman addressed the anxieties swirling around the recent market volatility, emphasizing the historical stability and time-tested nature of gold and silver.

He argued that in times of crisis, when faith in fiat currencies and complex financial instruments falters, the inherent value of these metals shines through. This intrinsic value, independent of government policies and corporate performance, makes them a crucial hedge against inflation and economic downturns.

The discussion delved into the complex global flow of physical gold and silver, shedding light on the changing dynamics of supply and demand. Schectman pointed out the growing demand for physical metals in Eastern nations, particularly in China and India, where a cultural affinity for gold coupled with economic growth is driving significant accumulation.

 This shift in demand dynamics, he argued, is a key factor supporting the price of precious metals in the long run.

He also highlighted the potential vulnerabilities in the Western financial system, particularly concerning the availability of physical metals to back paper claims. The interview explored the potential for supply disruptions and the importance of owning physical metals rather than relying solely on paper representations.

A central theme of the conversation revolved around the erosion of trust in traditional financial institutions and government policies. Schectman argued that this decline in trust is a significant driver for individuals seeking refuge in tangible assets like gold and silver.

He also explored the geopolitical factors influencing the precious metals market, including international tensions, trade wars, and the potential for currency manipulation. He emphasized the importance of understanding these global forces and their potential impact on the value of gold and silver.

The interview transcended the technical aspects of investing, delving into the personal impact of owning gold and silver. Schectman shared compelling client testimonials, highlighting the sense of security and peace of mind that comes with possessing tangible wealth in uncertain times.

In conclusion, Andy Schectman’s insightful analysis paints a clear picture of the critical role gold and silver play in safeguarding wealth and navigating turbulent economic waters.

His emphasis on the enduring value of these tangible assets, coupled with his understanding of the global forces shaping the market, makes a compelling case for incorporating precious metals into any well-diversified investment strategy.

https://youtu.be/XJl9WI_Tc8g